Biba89

Looking at the VC funds in the last decade, it seems like VC investing needs a huge change. I have an idea for the innovative VC fund that could improve the success of investing and creating new unicorns. But, I don’t know how to start the fund. I’m serial entrepreneur with few exits and many failed startups, but don't have enough funds to raise the VC fund. Also, don’t have that good connections in global VC ecosystem.

My idea is simple and based on personal and my friends’ experiences. Create a VC fund with total fund of $1 million for the first round of investing in 10 entrepreneurs who passed few super detailed interviews with me or the team. All 10 entrepreneurs will get $10k every month for 10 months and they can test different ideas they have in this 10 months. Also, they can choose how they want to spend those $10k per month (paying themselves, hiring, paying ads if the need but not recommended, setting up company, etc.). Any suggestion or idea or process how to start this kind of VC fund?

I have been going to psychotherapy (different categories of psychotherapies) for the last 6 years. I have managed to have a lot success with my companies, but with every new company started, I have something new to learn and new kind of challenges. As I have never tried Executive coach, I was thinking to try and I don't know where to start, but to ask here :)